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What is the selling price of the product?

Ethan Lee | 2023-05-07 15:01:40 | page views：1499
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Mia Turner

Studied at the University of Copenhagen, Lives in Copenhagen, Denmark.
To compute the selling price, let's assume that a product has a cost of $100 and the seller wants to have a 30% gross margin on its selling price, or 30% of SP. The relationship between a selling price, cost, and gross margin or gross profit is: SP - cost = gross profit or gross margin.
2023-05-12 15:01:40
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Scarlett Lee

QuesHub.com delivers expert answers and knowledge to you.
To compute the selling price, let's assume that a product has a cost of $100 and the seller wants to have a 30% gross margin on its selling price, or 30% of SP. The relationship between a selling price, cost, and gross margin or gross profit is: SP - cost = gross profit or gross margin.
How do you compute a selling price if you know the cost and the ...
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